BATBTC
BAT (Y20.P2.E1).Macro.V or CupH. PotentialHi All,
Its another coin and area to pay attention too.
MACD looks good on the daily with convergence, unlike many other coins.
Note the V or W formation, very bullish or potential cup and handle.
It would not surprise me if it goes all the way up.
Inverted H and S to be completed. A 0.236 fib pullback potentially with BTC looking to move sideways for a short time.
Supported by potential BTC Dominance to keep dropping in the short term. Note the Bullish Div . on the 4 HRLY.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Master.Macro)
BATBTC LONGThis one is gonna look great IF it breaks the upper line around 2734.
We already have a hammer candle forming which indicated we might go up very soon.
Volume is pretty green.
If we break that upper line, then we are about to form a much bigger ascending triangle with a huge upwards possibilities.
Do your own research before taking a trade, not a financial advice.
Remember to check my other ideas. Good luck with your trades.
BATBTC Equilibrium|200 MA Support|POC Resistance Hello Traders!
Happy Monday, Today’s update will be on the good old BATBTC pairings where we have an equilibrium forming right above the .618 Fibonacci, will this formation serve as a continuation pattern to the down side, or a possible bull break?
Points to consider,
- Trend putting in a macro higher high
- 200 MA and .618 are current support
- POC strong resistance
- Stochastics projected upwards
- RSI respecting trend
- Volume below average
BATBTC is attempting at putting in a macro higher low, changing the structure will come to fruition when an established higher high is in place. The 200 MA and the .618 Fibonacci are in confluence serving a strong support level for BAT.
The Point of Control is a major resistance level to close above as this will confirm a technical higher high. The stochastics are in lower regions, can stay trading here for an extended period of time, however lots of stored momentum to the upside.
RSI is respecting its trend line, nearing its apex, a break will be imminent. Volume is however currently below average, must increase in the next couple days as the equilibrium comes to an end.
Overall, in my opinion, a break in either direction is probable; a break bullish will confirm the macro higher low, thus confirming a trend change, BATBTC does need an influx of volume for continued follow through.
What are your thoughts?
Please comment a chart you’d like me to analyse =),
And remember,
“Reaching any goal in trading requires specific domain knowledge and technical skills. But then, after that, it's all mindset management. Yet most people ignore that —they automatically think they have that last part all figured out, and it's a mistake.”
― Yvan Byeajee
BTC Clear Path Heading Into Halving Prepare for 2021Alright guys,
I took a break for a while, but I'm back.
There wasn't much to look at as far as projected price for BTC for the majority of 2019.
One surprise run-up, but a return to norm was what we got.
Now then, 2020 we should see a very similar pattern to 2016.
BTC will make another push higher, and I think it will ultimately fail around the 17k area.
Some consolidation for the rest of the year, and then by the end of 2020, beginning of 2021 I expect ATH.
In between the BTC failure at 17k area, I expect altseason to come full force.
DO NOT FORGET, IGNORE THE NEGATIVITY, THERE ARE GREAT ALTCOINS TO BUY. SOME WITH MORE POTENTIAL THAN THE KING BTC.
Load the alt bag, right now we will see alts start to take off, and it will be triggered by a BTC run to 17k heading into May 2020 halving.
-CA$HLESS
BAT | 2020 Price Prediction: Found Bottom? When you look at the price action in $BAT has started a rally in Dec 2017 and followed by the "accumulation period" from April 2018 to January 2019. Accumulation was followed by an expansion to clear equal highs followed by a reversal in April 2019. We had some distribution period well known as a downtrend.
Question is here: Is BAT bottom in?
Retested weekly support, followed with expansion and last week lasts expansion 62% retraced. If price can hold above 2440 I can see next targets 3892 sats which is from this point another 50% gain, important level for my eyes weekly is 5025-5778 sats where you should take all your profits from swing long. Why? Look at important pivot which has been many times resistance and was broken only once for some weeks and price immediately went below this important level again. That's why I expect big pressure in terms of sell pressure in this area so you should take profits here as well.
Summary:
- found a bottom in 2019
- Crossing for the first time on weekly DMA 150 + 200 DMA (last time it has crossed was on Feb 2019 followed by 150% gain)
- the re-tested latest expansion,
- expecting to challenge 2915 sats soon if it breaks then 3892 sats and
- the final long term destination in 2020 is 5500 sats
This is a weekly view so take on mind that all outlined targets will not probably hit overnight.
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I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
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Violent upside Violent downside - expect...NEITHER!$9200 hit and a dramatic fall, some people are calling this a Rejection. I consider this a pull back.
Bitcoin is expected by Bulls to pull out strong, bears expect this to be the temporary top before a fall to lower levels.
Neither will happen
We are about to enter PHASE 2 consolidation for Bitcoin. After failing to get below the $5500 and consolidate between the $6300 to $7700 range..
we are set to do it all over again.
This pullback is HEALTHY, PHASE 2 needs to consolidate between $9000 to $8000
$1000 range? Yes because Im expecting some wildness temporarily but
this range will settle to $8500 I expect this to be
the basis for PHASE 2 consolidation.
ALT Coins are the ones to watch, there are now reaching their BTC bottoms,
after such a drop many alt coins are in a similar USD than they were a few days ago
this is a sign of RESILIENCE and readiness to run after this the top projects will have great returns to earn you more BTC
Tip: one that is showing signs of this is BAT
*It broke out of the 50MA against BTC and now is bouncing off it
last time it did this it went up 80% - watch it closely in the next 2 days.
There are many hidden things I see - Ill keep you posted - NOT financial advice :P
BAT / USD Formation of a symmetrical triangle. Potential + 310%For about a year, a symmetrical triangle formation has formed in the BAT / USD pair.
TARGET
Pivot points (zones) I showed on the chart. All levels (price zones) on the chart.
In cases of breaking it up, the potential is about + 310%.
ENTRANCE
On a breakout of a pattern, or rollback after a breakthrough, depending on your trading strategy.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
BAT ANALYSIS (EXPECT HANDLE TO COMPLETE!)BAT ANALYSIS
BAT recently corrected down to the 200 MA and held it, which is generally a bullish case. In addition, BAT is currently forming a handle on the right side as shown in the chart. The only concern is the high rise daily wick that rejected at T1. Considering the 50 MA is holding and Stoch flipped bullish I expect a re-attempt at T1 of 2700 sats. When this breaks, look for T2 at 2860 and T3 at 3100 sats. By T3, the handle will have formed and I would recommend a full exit of position, if you dont close at T1 or T2. Looking further out, if resistance zone breaks (pink) then this would be extremely bullish long term!
Possible Entries: 2500 sats
#Basic Attention Token | Prepare To Take OffEntry : 0.00002348 - 0.00002251
Target 1 : 0.00002505
Target 2 : 0.00002722
Target 3 : 0.00002863
Target 4 : 0.00003264
Target 5 : 0.00003455
Stop loss : 0.00002154
Risk/Reward : 5%/52%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
Add to watchlist
Basic Attention Token Hits Important Support | Where To Next?Basic Attention Token (BATBTC) has now activated its 'important support' in the range between 0.00002200 and 0.00002290. This range marks the .618 Fib. retracement support relative to the bullish wave from Sept. to Oct. 2019.
Tracking how BATBTC interacts with this level can help us determine where prices are headed next.
If this 'important support' holds, meaning that prices remain trading above it, Basic Attention Token can easily grow.
But if instead this support is broken, the .786 Fib. retracement level becomes relevant, meaning that prices can easily move lower before deciding to either bounce or go even lower.
So instead of predicting what will happen, we take action based on what is happening.
I wouldn't trade here, I would wait longer or for stronger/better signals before jumping in... This is just my opinion, of course, do your own research before you trade.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
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It Is The Altcoins Turn | Boom Alts, Bust BTC